As part of the webinar on 31 May at 11:00, our experts will discuss the new restrictions, their implications, and possible ways out of the current situation.

Event agenda

Restrictions on the provision of trust services in the EU

• What were the consequences of the EU Directive restricting the provision of trust services to Russian citizens?

• Who is affected by the restriction?

• Status of the restrictions by the countries that imposed sanctions (EU, Switzerland, Liechtenstein, the United Kingdom and Crown Dependencies).

• What options are available to Russian nationals?
  
  

Migration of beneficiaries and the settlor

• How can obtaining a residence permit/permanent residence permit or citizenship outside Russia be useful in this case?

• Which jurisdictions should be considered?
  
  

Migration of the trust

• The mechanism for “migrating” trusts to other jurisdictions (jurisdiction selection, change of trustee, amendment of trust documentation)

• Alternatives to trusts (UAE)

• Due diligence on the trustee

• Opening new bank accounts for the trust – what options are available?
  
  

Withdrawing assets from beneficiaries’ trusts – mechanisms, tax consequences

• Transfer of assets to controlling persons under clause 60.2 of Article 217 of the Tax Code of the Russian Federation

• Amnesty 4.0

• Abolition of the material benefit tax on the purchase of assets from a trust

To participate in the event, please register via the link.